Potential Scalp Short ETH 18 May 2022
Ethereum all time history index INDEX:ETHUSD
ETH 18 May 2022
The current expected volatility is around 6.68%
Based on a 83.3% chance, our asset is going to be compressed within the channel made from:
TOP 2230
BOT 1950
From POC Volume point, the concentration point is around 2080-> 2040
At the same time yesterday, we had Jerome Powell on a hawkish attitude, so we can expect another bear rally in the near future.
Based on all of this, at this very moment we can try a small scalp with
TP around 2000-1975-1960
SL around 2080
